Fundamentals Of Construction Estimating
4th Edition
ISBN: 9781337399395
Author: Pratt, David J.
Publisher: Cengage,
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What are the rules under which a contractor must rightfully operate?
In what way a contractor will be able to benefit from a particular type of equipment he will purchase even if that type is less desirable than the proposed one?
What is the “contractor’s risk,” and how does it relate to the type of construction contract to be used on a project?
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- What is the procedure of the punch list obligations followed by the contractor?arrow_forwardIf you are the contractor bidding for a project, is owning heavy construction equipment advantageous to you or not?arrow_forwardWhat is fast track construction, and what types of contracts and fee compensation is it most commonly associated with?arrow_forward
- What are the results of using the total cost method for the contractors?arrow_forwardWhat type of bond guarantees that if a contractor goesbankrupt on a project the surety will pay the necessaryamount to complete the job?arrow_forwardWhat are the contractor’s financing charges on a project, and how is the cost of financing charges estimated?arrow_forward
- How do you think the government would select a contractor or vendor if they are entering uncharted territory when the work being asked for has never truly been done by anyone and the contractors responding to the proposals have been historically performing really high from the past?arrow_forwardWhy is the contractor liable of providing the surety bonds to obtain written release prior to the final payment on projects?arrow_forward
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